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Uptown, two-story multi-family home hits market at $739K

This well-maintained property is turning 100 years old in 2017

1701 Valmont Street
Photos courtesy of Margaret Stewart, Latter&Blum, Inc.

Built in 1917 is a multi-family residence located a block from Jefferson Avenue and a block from St. Charles Avenue. The rental property is currently occupied by two tenants, and bring in a total of $4400 a month, according to the selling agent.

The asking price is $739,000. The 3,250 square foot home is valued at $227 per square foot, which is under the neighborhood median of $258 per square foot.

At first glance, the two story double has beautiful ornate columns, on the ground level. Additionally, the property has a modestly-sized, covered shared porch. Up top, the home has a beautiful shared balcony on the second level.

Inside, both units have three bedrooms and 1.5 bathrooms. Notable features include wood floors, high ceilings and a spacious traditional floorplan. The owner’s unit includes a sunroom on the second level, towards the back of the residence. The accompanying unit has a similarly sized screen porch on the second level.

The unit’s kitchens are equipped with wood flooring, custom cabinetry.

Out back is a shared intimate patio and an external storage house that includes a washer and dryer, and a half bathroom.